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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Melissa Tx Melissa, TX 75454

Property ID
Property summary
AI-generated overview

Exceptional retail land opportunity in Melissa, Texas, presents itself with these pad sites situated at the northeast corner of the highly trafficked intersection of State Highway 121 and State Highway 5. This prime location benefits from its proximity to a new Walmart store, slated to open in 2025, ensuring significant foot traffic and visibility for future tenants. The property consists of one to two-acre parcels, ideal for single-tenant retail development, restaurants, or other commercial uses. The site is strategically positioned at a signalized intersection, maximizing accessibility and exposure. This development opportunity is further enhanced by the surrounding area's high-income demographics and strong population density, promising a robust customer base. The property is classified as commercial land and is located in Collin County, Texas, with a zip code of 75454. The specific acreage of each available parcel will be disclosed upon request. This is a rare chance to secure a location in a rapidly growing area with a strong anchor tenant already in place. Don't miss this opportunity to establish a thriving business in a high-demand location. Contact us today for more information and to discuss your development plans.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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